Frydenberg targets BNPL and cryptocurrency with payments regulation reform Politics Stephanie Palmer-Derrien 8 December 2021 Frydenberg will promise to modernise payments regulation and oversight in order to keep pace with technology, and to better protect consumers.
BNPL code of practice to come into effect next week, in a win for self-regulation Retail Stephanie Palmer-Derrien 24 February 2021 The long-awaited BNPL code of practice is set to come into effect on Monday, March 1, including provisions for naming and shaming bad actors.
Beforepay, Afterpay and everything in between: Do Australia’s BNPL players have consumers’ best interests at heart? Analysis Stephanie Palmer-Derrien 24 November 2020 BNPL providers such as Afterpay and Beforepay continue to gain prominence, but do these operators have consumers' interests at heart?
ASIC report reveals troubling consequences of BNPL, with 20% of users skipping meals to make payments Retail Stephanie Palmer-Derrien 17 November 2020 According to ASIC, some users are suffering financial stress to make BNPL payments, even skipping meals or missing bills. But the regulator has not imposed any new rules.
